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June 25, 2024

Lightspeed and Coatue back GenAI unicorn Stability AI in fresh funding round

The startup also has a new CEO, Prem Akkaraju

UK-based generative AI startup Stability AI has announced it’s raised fresh funds and appointed a new CEO, three months on from the departure of founder Emad Mostaque. 

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Kai Nicol-Schwarz

Kai Nicol-Schwarz was a senior reporter at Sifted. He covered AI and UK tech.

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